Finance | 19 November, 2024 at 10:14 AM
tbi bank reports record €38 million net profit in first 9 months of 2024
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
The Group currently operates 23 logistics parks, with strategic emphasis on urban logistics projects and Big Box facilities.
ROCA Industry reports in the first 9 months of this year a turnover of 517 million RON, at a cumulative level for the companies in the portfolio, increasing by 9% compared to 2023.
Banca Transilvania recorded positive results in the first nine months of the year, mainly driven by organic growth, customer activity and volume of operations.
In the first 9 months of 2024, at the individual level, cybersecurity services contributed 32% to the total turnover, while cybersecurity solutions implementation contributed 68%.
Currently, Simtel holds seven photovoltaic park projects which, upon completion, will have a total installed capacity of over 80 MWp and generate an annual output of over 108 GWh.
Revenue from the residential segment reached €164.2 million, a 7% YoY decrease reflecting the transition of many construction sites into their final stages.
Tiplog, an entrepreneurial printing and logistics company founded in 2012, registered a turnover of €5.8 million in 2023, almost four times higher than in 2019 (€1.6 million).
BRD is among the first banks which will roll out in production, RoPay, an instant mobile, proximity and payments service, via QR code, which is simple, secured and free of charge.
Raiffeisen Bank Romania's assets exceeded RON 74.3 billion in the first 9 months of the year, marking an increase of 10% compared to the same period last year.
For the third quarter, the company reported a CCA operating result excluding special items of RON 1.6 billion, down 36%.
In terms of the financial results registered by the entities within Teilor Holding, in the first half of 2024, posted a turnover from its activity in Romania of RON 127.3 million.
Revenue from the sale of fertilizers reached RON 10.7 million, up 10% compared to the same period last year.
In the first half of 2024 and subsequently, Simtel signed two significant contracts worth €19 million (within a partnership in which Simtel holds 50% of the profits and losses).
tbi bank's consolidated unaudited financial results for H1 2024 show a net profit of €23.2 million, 17% higher than the €19.7 million profit in the same period of last year.
The company reported a 19% increase in revenue and a 2% rise in net profit for the first six months of this year compared to H1 2023.
The "Software Services" segment continued to be AROBS's main pillar, generating revenue of RON 166 million, accounting for 81% of the total revenue.
Premier Energy Group maintained a highly liquid financial position, with approximately €109 million in net working capital and cash balance as of the end of the first half of 2024.
Revenue from the residential segment reached €105.4 million, a 14% YoY decrease. However, net income from residential properties increased by 6% YoY to €38.3 million.
The group continued its relationships with over 10,000 farmers who accessed the products and services offered through the group's three business segments.
Lower discount rates make their future cash flows more attractive, leading to higher valuations.
Project will be co-financed from an EU program run by the Romanian Ministry of Energy.
The number of construction permits for residential buildings in Bucharest decreased with an annual rate of 4.2% in the first 9 months of 2024.
Energy and sustainability were pivotal topics of the event. Romania reaffirmed its ambition to achieve energy independence by 2030.
Romania has the seventh largest M&A transaction in Central and Eastern Europe in the first 9 months.The value of global transactions reached $1.6 trillion, up by 10%.